Cal. Code Regs. tit. 10 § 106.102

Current through Register 2024 Notice Reg. No. 52, December 27, 2024

Section 106.102 - Period of Bonus Certificate or Share

The board of directors of an association may determine a bonus rate of return on shares or investment certificates for a period not to exceed ten years.

Cal. Code Regs. Tit. 10, § 106.102

1. Change without regulatory effect renumbering former Section 212 to Section 106.102 (Register 87, No. 14). For prior history, see Register 83, No. 4.

Note: Authority cited: Section 5255, Financial Code. Reference: Section 7400.1, Financial Code.

1. Change without regulatory effect renumbering former Section 212 to Section 106.102 (Register 87, No. 14). For prior history, see Register 83, No. 4.